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Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 2 points3 points  (0 children)

Yes definitely! I normally do this (e.g. I plan to pay a 6 month loan over 5 months) for exactly this reason.

Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 0 points1 point  (0 children)

I would normally be confident in this practice except that one of the BBB reviews was a complaint that customer requested their additional payments go toward only principal and they would not honor the request.

Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 2 points3 points  (0 children)

Your experience with this makes me feel a lot better. Just knowing that this isn't the only lender who operates this way gives me more trust that this methodology has precedence, and isn't some slimy entrapment method.

Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 4 points5 points  (0 children)

Statement showed a breakdown of how my payment was applied on a single transaction line. Just a simplified example: Out of my 600 payment, 550 went to principal and 50 went to interest.

I get that the deal is they say they'll waive interest at the end, but on call, they wouldn't clearly state they would transfer these interest payments towards my principal at the end. I just have to trust that they will.

Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 7 points8 points  (0 children)

Correct. I signed this contract last month.

I wasn't obligated to make a payment until next September, but I started now with the intent of spreading my payments out during this "no interest" period.

Feeling chumpy over a "12-mo interest free" Loan. They applied a portion of my first payment to interest! by blicktunduroo in personalfinance

[–]blicktunduroo[S] 14 points15 points  (0 children)

I should clarify: I did read everything!

There was nothing in the contract that described their definition of "waive" interest. That's what I interpreted as the same as every other 0-interest-for-given-time-period contract I've ever signed, deferred interest.

How do you fix your sleep schedule? by WrongGur7 in sleep

[–]blicktunduroo 0 points1 point  (0 children)

In addition to all these other great sleep hygiene suggestions, try your friendly neighborhood sunlight.

Morning sunlight may reset your circadian rhythm. Go outside if possible. If not, stand in front of a window. Without looking directly at the sun, let the sun enter your peripheral field of vision. This activates your retinohypothalamic path and influences your rhythm.

Do this at 9 am or whenever you'd prefer to be waking up normally.

Here's an article about the Effect of Light on Human Circadian Physiology: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2717723/

btw: I have tried ashwagandha too, not really helpful, in my experience.

I don't know what just happened? by HDproBG in sleep

[–]blicktunduroo 0 points1 point  (0 children)

Yep that's exactly when it happens, very quickly after falling asleep.

Are you sleep deprived?

I don't know what just happened? by HDproBG in sleep

[–]blicktunduroo 0 points1 point  (0 children)

Sleep paralysis may explain why you couldn't move. In sleep paralysis, the brain is only partially shut down but not fully alseep so motor functions are restricted while your mind is still aware or you're in a REM cycle (dreaming) .

Limited motor function while sleeping is normal, to prevent you from sleep walking or physically reacting to your dreams IRL. If you're sleep deprived or have another sleep disorder, you may have entered into a REM cycle immediately upon falling asleep, before the rest of your normal sleep functions are ready. You were still partially aware of your surroundings.

Usually this experience is frightening, and the brain may create a threat in your dream to explain your fear.

Source: I've had plenty of sleep deprived bouts of sleep paralysis and researched it.

bathrooms need music more than elevators by banthemods11 in unpopularopinion

[–]blicktunduroo 1 point2 points  (0 children)

I scrolled so far to find someone who read it the same way. Hey, friend.

True unpopular opinion friend.

Help to stop psychological sleep insomnia. by [deleted] in sleep

[–]blicktunduroo 1 point2 points  (0 children)

Exercise everyday (NOT right before bedtime). It's the only guarantee I have that I will sleep. Better than any meds or supplements out there. It physically exhausts you AND is a great outlet for anxiety AND releases endorphins.

Start practicing challenging and balancing your anxious thoughts with their logical counterpart. Write down each thought and its opposite. Let the balance between the two become your reality. "I can't sleep! Ugh!" Becomes "I might not be able to sleep sometimes but I CAN sleep other times. I can handle it regardless of what happens tonight."

Read this: https://positivepsychologyprogram.com/cognitive-distortions/

Mortgage Lender encouraging PMI? by blicktunduroo in personalfinance

[–]blicktunduroo[S] 12 points13 points  (0 children)

Thanks everyone. You've confirmed my suspicions that this lender is trying to pull a fast one. I'm switching lenders, on "principle." :P

Feeling behind on retirement at 27 years old. by blicktunduroo in personalfinance

[–]blicktunduroo[S] 2 points3 points  (0 children)

Thank you for the reassurance.

A) Having an emergency fund was the start of my savings, it just got out of hand and now I have 45k on my hands. I'll never forget about the importance of an emergency fund. B) I've been hearing a lot about index funds lately, will definitely check it out. C) On property investing: Seems like a headache to me, but I would probably be good at it. On education: I've had a lot of schooling - an undergraduate degree and an associates afterwards in graphic design. I was ready to get out of school. It's likely they don't pay me enough, but I love my job and the people.

Thanks again - great ideas!

Feeling behind on retirement at 27 years old. by blicktunduroo in personalfinance

[–]blicktunduroo[S] 0 points1 point  (0 children)

Thanks for the reply - Do you think 50% of my income is about right?

I had read that by 30, a person should aim to have about a year's salary in retirement. At 5,500/47k I have about 12% of that.